STRATEGY STUDIO / PUBLIC DATA EXPLORER

HANCOCK RURAL TELEPHONE CORPORATION: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
HANCOCK RURAL TELEPHONE CORPORATION (EIN 35-0914373)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-10
IRS object ID
201703149349302995
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-11-10T14:42:22-06:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN930623286PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ALDRICH CPAS AND ADVISORS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1680 HAWTHORNE AVE SE 140AddressLine1Txt
CitySALEMCityNm
State AbbreviationORStateAbbreviationCd
ZIP97301ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN350914373EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HANCOCK RURAL TELEPHONE CORPORATIONBusinessNameLine1Txt
Business Name Line2DBA NINESTAR CONNECTBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlHANCBusinessNameControlTxt
Phone3173263131PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12243 E MAINAddressLine1Txt
CityGREENFIELDCityNm
State AbbreviationINStateAbbreviationCd
ZIP46140ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSCOTT HIATTPersonNm
Person TitleCHIEF FINANCIAL OFFICERPersonTitleTxt
Phone3173263131PhoneNum
Signature2017-11-03SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKATHY A GORDON CPAPreparerPersonNm
PTINP00016213PTIN
Phone5035857774PhoneNum
Preparation2017-11-01PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address69.30.50.66IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-11-03IPDt
IP Tm14:40:57IPTm
IP TimezonePDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdAE4ACDF54F09409FB44056762757332B35ECF7F1AtSubmissionCreationDeviceId
At Submission Filing Device Id3145D7E27329845D930040076F55CEF09D2818BAAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1NINESTAR CONNECTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerSCOTT HIATTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12243 E MAINAddressLine1Txt
CityGREENFIELDCityNm
State AbbreviationINStateAbbreviationCd
ZIP46140ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$48,097,624GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.NINESTARCONNECT.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1950FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionPROVIDING SUPERIOR ELECTRIC AND VARIOUS TELECOMMUNICATION PRODUCTS AND SERVICES TO OUR CUSTOMERS.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee24TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$16,250TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$18,298NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$47,934,004PYProgramServiceRevenueAmt
CY Program Service Revenue$47,641,969CYProgramServiceRevenueAmt
PY Investment Income$184,186PYInvestmentIncomeAmt
CY Investment Income$191,139CYInvestmentIncomeAmt
PY Other Revenue$32,505PYOtherRevenueAmt
CY Other Revenue$65,430CYOtherRevenueAmt
PY Total Revenue$48,150,695PYTotalRevenueAmt
CY Total Revenue$47,898,538CYTotalRevenueAmt
PY Grants And Similar Paid$16,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$16,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$415,182CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$668,562PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$760,333CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$41,977,737PYOtherExpensesAmt
CY Other Expenses$42,914,140CYOtherExpensesAmt
PY Total Expenses$42,662,299PYTotalExpensesAmt
CY Total Expenses$44,105,655CYTotalExpensesAmt
PY Revenues Less Expenses$5,488,396PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$3,792,883CYRevenuesLessExpensesAmt
Total Assets BOY$114,159,162TotalAssetsBOYAmt
Total Assets EOY$118,272,465TotalAssetsEOYAmt
Total Liabilities BOY$38,559,081TotalLiabilitiesBOYAmt
Total Liabilities EOY$37,486,457TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$75,600,081NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$80,786,008NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionPROVIDE VARIOUS ELECTRIC, TELECOMMUNICATIONS, WATER, AND SEWER PRODUCTS AND SERVICES TO COOPERATIVE CUSTOMERS IN A 7-COUNTY AREA OF EAST CENTRAL INDIANA.MissionDesc
Significant New Program SrvcYes (1)SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescPROVIDE VARIOUS ELECTRIC, TELECOMMUNICATIONS, WATER, AND SEWER PRODUCTS AND SERVICES TO COOPERATIVE CUSTOMERS IN A 7-COUNTY AREA OF EAST CENTRAL INDIANA. AS OF DECEMBER 31, 2016, THE NUMBER OF ELECTRIC SERVICES TOTALED 14,175, THE NUMBER OF TELECOMMUNICATIONS ACCESS LINES TOTALED 5,574, THE NUMBER OF WATER SERVICES TOTALED 84, AND THE NUMBER OF SEWER SERVICES TOTALED 87.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer EntYes (1)BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document106IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee24EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Members And Shr Gross Income$36,105,313MembersAndShrGrossIncomeAmt
Other Sources Gross Income$1,526,665OtherSourcesGrossIncomeAmt
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn0AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SCOTT HIATTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3173263131PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12243 E MAIN STREETAddressLine1Txt
CityGREENFIELDCityNm
State AbbreviationINStateAbbreviationCd
ZIP46140ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
PHIL HAYES
VICE CHAIRMAN6.00Yes (X)Yes (X)$14,600$0$0
KIM CRONK
DIRECTOR4.00Yes (X)$13,800$0$0
DAVID HELLER
DIRECTOR2.00Yes (X)$13,800$0$0
JOE PAXTON
DIRECTOR3.00Yes (X)$13,800$0$0
DON SHAW
DIRECTOR2.00Yes (X)$13,800$0$0
DARRELL THOMAS
DIRECTOR5.00Yes (X)$13,800$0$0
MARK EVANS
DIRECTOR2.00Yes (X)$14,000$0$0
STEPHEN VAIL
DIRECTOR5.00Yes (X)$15,200$0$0
RONNIE MOHR
DIRECTOR2.00Yes (X)$13,800$0$0
JAMES CHERRY
CHAIRMAN2.00Yes (X)Yes (X)$15,400$0$0
JAMES GILLETT
FORMER DIRECTOR4.00Yes (X)$3,450$0$0
BEVERLY GARD
SECRETARY/TREASURER3.00Yes (X)Yes (X)$14,200$0$0
RICHARD WALKER
DIRECTOR2.00Yes (X)$13,800$0$0
SHELLY KLEIMAN
DIRECTOR3.00Yes (X)$10,350$0$0
MIKE BURROW
PRESIDENT55.00Yes (X)$286,643$0$75,023
SCOTT HIATT
CFO55.00Yes (X)$172,628$0$52,008
JAMIE BELL
OPERATIONS DIRECTOR53.00$116,708$0$30,631Yes (X)
RYAN BEWLEY
ENGINEERING DIRECTOR46.00$100,769$0$34,285Yes (X)
JEFF CONLEY
LINE SUPERINTENDENT55.00$102,102$0$23,855Yes (X)
ROSS FERSON
CHIEF TECHNOLOGY OFFICER55.00$104,168$0$28,490Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,066,818TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$244,292TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
5 STAR ELECTRIC LLC
170 BEAN CEMETERY ROADMADISONVILLEKY42431CONTRACTOR LABOR AND MATERIALS$862,827
ELECTRICOM LLC
PO BOX 319PAOLIIN47454CONTRACT LABOR AND MATERIALS$776,958
YATES ENGINEERING SERVICES
2536 W INDUSTRIAL PARKBLOOMINGTONIN47404ENGINEERING SERVICES$280,182
JOSEPH W CARR
32545 EARLY RDNEW CARLISLEIN46552CONTRACT LABOR$271,623
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ELECTRIC SERVICES221100$33,739,210$33,739,210
TELECOMMUNICATIONS SERVICES517000$13,862,879$13,862,879
SEWER REVENUE221100$27,921$27,921
WATER REVENUE221100$11,959$11,959
FieldValueIRS element (for citing)
Total Program Service Revenue$47,641,969TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$192,452TotalRevenueColumnAmt
Exclusion$192,452ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Personal$179,122PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Personal$197,773PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Personal-$18,651PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$18,651TotalRevenueColumnAmt
Unrelated Business Revenue-$18,651UnrelatedBusinessRevenueAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$1,313OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$1,313OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$1,313TotalRevenueColumnAmt
Unrelated Business Revenue-$1,313UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
POLE CONTACT RENTALS532000$47,867$47,867
ADVERTISING541800$36,214$36,214
FieldValueIRS element (for citing)
Other Revenue Total$84,081OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$47,898,538TotalRevenueColumnAmt
Related Or Exempt Func Income$47,641,969RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$16,250UnrelatedBusinessRevenueAmt
Exclusion$240,319ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$16,000TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$415,182TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$760,333TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,326,293TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$6,992,655TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
PURCHASED POWER$22,734,517
CORPORATE OPERATIONS$2,584,569
ELECTRIC OPERATIONS AND$2,437,695
PLANT SPECIFIC$2,308,538

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,529,873TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$44,105,655TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,812,579BOYAmt
EOY$5,305,562EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,620,000BOYAmt
EOY$2,800,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,573,412BOYAmt
EOY$5,994,248EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$316,877BOYAmt
EOY$225,286EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$130,371,715LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$58,669,230LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$72,602,663BOYAmt
EOY$71,702,485EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$26,291,494BOYAmt
EOY$28,283,911EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,942,137BOYAmt
EOY$3,960,973EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$114,159,162BOYAmt
EOY$118,272,465EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$5,761,319BOYAmt
EOY$5,281,991EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$29,259,877BOYAmt
EOY$28,635,818EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,537,885BOYAmt
EOY$3,568,648EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$38,559,081BOYAmt
EOY$37,486,457EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$75,600,081BOYAmt
EOY$80,786,008EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$75,600,081BOYAmt
EOY$80,786,008EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$114,159,162BOYAmt
EOY$118,272,465EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$3,792,883ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$1,393,044OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$169,587OtherCostOrOtherBasisAmt
Book Value$169,587BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,060,917OtherCostOrOtherBasisAmt
Depreciation$701,150DepreciationAmt
Book Value$359,767BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$129,141,211OtherCostOrOtherBasisAmt
Depreciation$57,968,080DepreciationAmt
Book Value$71,173,131BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$71,702,485TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (6 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
CENTRAL INDIANA COMMUNICATIONS$19,386,741C
NATIONAL TELCOM CORP COMMON STOCK$550,800C
RTFC PATRONAGE CREDITS$3,107C
PATRONAGE CAPITAL$7,407,854C
OTHER INVESTMENTS$262,028C
CFC INVESTMENTS$673,381C
FieldValueIRS element (for citing)
Total Book Value Program Rltd$28,283,911TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
POST RETIREMENT BENEFITS$3,563,027
INCOME TAX PAYABLE$5,621
FieldValueIRS element (for citing)
Total Liability$3,568,648TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$50,617,515TotalRevEtcAuditedFinclStmtAmt
Other Revenue$2,718,977OtherRevenueAmt
Revenue Not Reported$2,718,977RevenueNotReportedAmt
Revenue Subtotal$47,898,538RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$47,898,538TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$44,691,986TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$1,001,513OtherExpensesIncludedAmt
Expenses Not Reported$1,001,513ExpensesNotReportedAmt
Expenses Subtotal$43,690,473ExpensesSubtotalAmt
Other Expenses Not Included$415,182OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$415,182ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$44,105,655TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE COOPERATIVE FOLLOWS ACCOUNTING STANDARDS GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THE COOPERATIVE RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE INCOME TAX PROVISION, WHEN APPLICABLE. THERE WERE NO AMOUNTS ACCRUED IN THE CONSOLIDATED FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:INCOME FROM SUBSIDIARY 1,717,464. UNRELATED BUSINESS EXPENSES - RENTAL EXPENSE 197,569. INCOME NETTED WITH EXPENSES 803,944.
PART XII, LINE 2D - OTHER ADJUSTMENTS:UNRELATED BUSINESS EXPENSES - RENTAL EXPENSE 197,569. EXPENSES NETTED WITH REVENUES 803,944.
PART XII, LINE 4B - OTHER ADJUSTMENTS:PAYMENT OF CAPITAL CREDITS 415,182.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient16RecipientCnt
Cash Grant$16,000CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationPROOF OF SCHOOL ENROLLMENT MUST BE SUBMITTED TO THE COOPERATIVE PRIOR TO AWARD DISBURSEMENT. SCHOLARSHIP FUNDS WILL BE APPLIED DIRECTLY TOWARD SCHOOL-RELATED COSTS (TRAVEL AND HOUSING EXCLUDED). DISBURSEMENT OF AWARDS WILL BE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION UPON RECEIPT OF VERIFICATION OF ENROLLMENT. IN THE EVENT THE SCHOLARSHIP FUNDS ARE NOT AWARDED/CLAIMED WITHIN ONE YEAR FROM THE AWARD DATE, FUNDS WILL BE RETAINED FOR FUTURE SCHOLARSHIP CONSIDERATION. RELATIVES OF DIRECTORS AND OFFICERS ARE NOT CONSIDERED FOR AWARD DISBURSEMENT.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Independent ConsultantYes (X)IndependentConsultantInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MIKE BURROW
PRESIDENT$250,000$0$36,643$0$0$0$37,343$0$37,680$0$361,666$0$0$0
SCOTT HIATT
CFO$170,000$0$2,628$0$0$0$23,748$0$28,260$0$224,636$0$0$0

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonPHILIP M HAYESPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionBOARD MEMBERRelationshipDescriptionTxt
Transaction$22,724,968TransactionAmt
TransactionPHILIP M. HAYES IS THE VICE CHAIRMAN OF THE BOARD FOR HANCOCK RURAL TELEPHONE CORPORATION DBA NINESTAR CONNECT. HE ALSO SERVES ON THE WABASH VALLEY POWER ASSOCIATION BOARD OF DIRECTORS. NINESTAR CONNECT PURCHASED $22,724,968 OF PURCHASED POWER FROM WABASH VALLEY POWER DURING 2016. THE SUPPLY CONTRACT WITH WABASH VALLEY POWER WILL EXPIRE IN 2028.TransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 2IN 2016 WATER AND SEWER PLANTS WERE PURCHASED TO PROVIDE WATER AND SEWER SERVICES TO MEMBERS.
FORM 990, PART VI, SECTION A, LINE 6EACH MEMBER HAS THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE OR RECEIVE DISTRIBUTIONS OF INCOME OR ASSETS.
FORM 990, PART VI, SECTION A, LINE 7AEACH MEMBER OF THE COOPERATIVE HAS ONE VOTE. THE VOTE ALLOWS THEM TO ELECT THE BOARD AS WELL AS VOTE ON ANY ISSUE THAT COMES BEFORE THE MEMBERSHIP AT A SPECIAL OR ANNUAL MEETING.
FORM 990, PART VI, SECTION A, LINE 7BLIMITED TO APPROVING ANY CHANGES MADE TO THE BY-LAWS.
FORM 990, PART VI, SECTION B, LINE 11BTHE CFO REVIEWS THE FORM 990 BEFORE IT IS FILED WITH IRS.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION HAS ESTABLISHED A CODE OF BUSINESS ETHICS WHICH, AMONG OTHER THINGS, CONTAINS PROHIBITIONS OF CONFLICT OF INTEREST FOR ALL EMPLOYEES AS DETERMINED BY THE PRESIDENT, CEO, VICE PRESIDENT, GENERAL COUNSEL, AND THE CHAIRMAN OF THE BOARD OF DIRECTORS OF THE COMPANY.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION REGULARLY EMPLOYS A SALARY CONSULTANT WHO COMPLETES A SURVEY OF COMPARABLE JOBS WITHIN THE INDUSTRY AND AREA, AND PREPARES SALARY RANGES FOR EACH POSITION IN THE COMPANY. THE BOARD, WITH MANAGEMENT RECOMMENDATION, THEN DETERMINES THE PERCENTILE IN WHICH IT WILL OPERATE WITHIN A SALARY RANGE.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 24ECUSTOMER SERVICE & ASSISTANCE 2,284,855. PLANT NONSPECIFIC 1,636,851. MISCELLANEOUS 569,866. SEWER OPERATIONS 20,806. WATER OPERATIONS 17,495.
FORM 990, PART XI, LINE 9:NET EQUITY INCOME - SUBSIDIARY 1,717,464. AMORTIZATION ACCRUED PENSION BENEFIT OBLIGATION -339,324. EXCISE TAX REFUNDS RECEIVED 14,904.
FORM 990, PART XII, LINE 2CNO CHANGE FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtPredominant Income TypePredominantIncomeTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPct
MULTI-COUNTY COMMUNICATIONS LLC
2243 EAST MAINGREENFIELDIN46140320134999TELECOMMUNICATION SERVICESINCENTRAL INDIANA COMMUNICATIONS INCRELATED$47,321$549,9890Yes (1)0.50000
JOHNSON COUNTY FIBER NETWORK LLC
750 INTERNATIONAL DRIVEFRANKLININ46131461533898TELECOMMUNICATION SERVICESINCENTRAL INDIANA COMMUNICATIONS INCRELATED$553,390000.50000

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationInd
CENTRAL INDIANA COMMUNICATIONS INC
2243 EAST MAINGREENFIELDIN46140351566736TELECOMMUNICATION SERVICESINNINESTAR CONNECTC$18,600,468$21,696,1951.000000
CENTRAL INDIANA POWER INC
2243 EAST MAINGREENFIELDIN46140274101168ELECTRIC SERVICESINNINESTAR CONNECTC$144,698$294,8381.000000
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (1)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
CENTRAL INDIANA COMMUNICATIONS INC
A$179,122ACTUAL COST
CENTRAL INDIANA COMMUNICATIONS INC
R$655,275ACTUAL COST